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MyPrize CEO: Crypto Casinos Can Onboard Millions into Web3

Throughout human history, gambling has been a ubiquitous activity, dating back to the Paleolithic era and persisting in every major civilization and society since. With the advancement of technology, gambling has evolved, with traditional brick-and-mortar casinos in major hubs like Las Vegas and Macau being supplemented by the rise of online casinos. These online platforms, … Read more

Stepping In: India’s Market Regulator Proposes Shared Framework for Crypto Regulation

India’s securities regulator has proposed that oversight of cryptocurrency trading should be divided among multiple authorities, according to a Reuters report. The Securities and Exchange Board of India (SEBI) made this recommendation to a government panel responsible for formulating finance ministry policy, with the panel expected to submit its report by June.  SEBI’s stance contrasts … Read more

Altcoin Alert! Bithumb Lists New Coins for Spot Trading

Bithumb, a prominent cryptocurrency exchange in South Korea, revealed its intentions to introduce Bonk (BONK) and Zeta Chain (ZETA) to the Korean won market commencing May 16, 2024. Zeta Chain (ZETA) and Bonk (BONK) to be listed on the Korean Won MarketZeta Chain (ZETA) trade will start at 21:00, and Bonk (BONK) trading will start … Read more

Binance Develops Tool to Combat Address Poisoning Scams After Million-Dollar Exploit

Binance’s security experts have devised a countermeasure against the increasing prevalence of address poisoning scams, which manipulate investors into inadvertently sending funds to a fraudulent address. The security team at the world’s largest cryptocurrency exchange has developed an algorithm capable of detecting millions of tainted crypto addresses, as detailed in a report: “Our team has … Read more

Parliament to Consider New Cryptocurrency Regulations

According to reports from NTV, the Turkish Grand National Assembly is set to receive a bill defining cryptocurrencies today. AK Party Group Chairman Abdullah Güler will reportedly unveil details regarding the “Proposal Law on Amendments to the Capital Markets Law” at a press conference scheduled for 15:30 in the Turkish Grand National Assembly. The news … Read more

Bitcoin ETF Adoption Soars: Over 600 Firms Now Hold Billions

In the recent 13F filings with the United States Securities and Exchange Commission (SEC), over 600 firms have disclosed substantial investments in the spot Bitcoin ETF. The chief investment officer of cryptocurrency asset management firm Bitwise predicts that by the May 15 deadline, close to 700 professional companies will have collectively invested $5 billion in … Read more

Investors Flock to Bitcoin ETFs as BTC Price Surpasses $66,000

Inflows into spot Bitcoin exchange-traded funds (ETFs) surged to a two-week peak as the cryptocurrency experienced a 7% surge following the release of significant US inflation data. On May 15, inflows for spot Bitcoin ETFs in the United States reached $303 million amid a notable increase in BTC prices.  This marked the highest level of … Read more

Watch Out, Wall Street: Wisconsin Leads the Charge with State Bitcoin Investment

In a recent submission to the Securities and Exchange Commission (SEC), the State of Wisconsin Investment Board (SWIB) disclosed its investments in spot Bitcoin ETFs managed by BlackRock and Grayscale. As per SWIB’s Form 13F for Q1 2024, the pension fund, valued at $156 billion, acquired approximately $64 million worth of Grayscale’s GBTC and $99.2 … Read more

PayPal’s PYUSD Stablecoin Now Accepted by BVNK for Crypto Payments

BVNK, a provider of payment infrastructure, has announced the incorporation of the PayPal USD (PYUSD) stablecoin, issued by Paxos Trust Company, into its payment system. This integration enables businesses to utilize PYUSD on BVNK’s platform, which supports various digital and fiat currencies. Moreover, as an authorized member of the PYUSD ecosystem, BVNK can directly generate … Read more

SHIB Burn Incoming: ShibaSwap on Shibarium to Reduce Supply

ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu (SHIB) cryptocurrency, announced its launch on Thursday on the Shibarium blockchain, an Ethereum layer 2 solution developed by the SHIB token team. The developers noted that the growing adoption of the Shibarium blockchain for transactions would lead to a higher burn rate for the SHIB … Read more

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